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CATEGORY: stablecoin issuer

Binance USD market cap falls below $10B amid rising regulatory concerns
Author: Cointelegraph By Brayden Lindrea
United States
Source: Cointelegraph.com News
Mar 03, 2023 08:20

Binance USD market cap falls below $10B amid rising regulatory concerns

BUSD’s market cap is down by nearly $14 billion from its all-time high of $23.49 billion, set on Nov. 15, 2022.

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$14M Capital Infusion Catapults Ethena Labs Valuation; Stablecoin Ranks 9th Largest
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Feb 17, 2024 05:50

$14M Capital Infusion Catapults Ethena Labs Valuation; Stablecoin Ranks 9th Largest

On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300 million. USDE Issuer Ethena Labs Raises $14M Ethena Labs, [...]

The post $14M Capital Infusion Catapults Ethena Labs Valuation; Stablecoin Ranks 9th Largest appeared first on Crypto Breaking News.

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